The most recent financial statements for AppleBanana Co. are shown here: Income Statement Sales Costs Balance...

 

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The most recent financial statements for AppleBanana Co. are shown here: Income Statement Sales Costs Balance Sheet $ 200,000 130,000 Current assets Fixed assets $ 120,000 280,000 Debt Equity $ 160,000 240,000 $ 400,000 Total $400,000 Taxable income $ 70,000 Total 16,800 Taxes (24%) Net income $ 53,200 Assets and costs are proportional to sales. Debt and equity are not. The company maintains a constant 70 percent dividend payout ratio. The sustainable growth rate is rounded 2 decimal places, e.g., 32.16.) %. (Do not include percentage sign. Do not round intermediate calculations and enter your answer as a percent The most recent financial statements for AppleBanana Co. are shown here: Income Statement Sales Costs Balance Sheet $ 200,000 130,000 Current assets Fixed assets $ 120,000 280,000 Debt Equity $ 160,000 240,000 $ 400,000 Total $400,000 Taxable income $ 70,000 Total 16,800 Taxes (24%) Net income $ 53,200 Assets and costs are proportional to sales. Debt and equity are not. The company maintains a constant 70 percent dividend payout ratio. The sustainable growth rate is rounded 2 decimal places, e.g., 32.16.) %. (Do not include percentage sign. Do not round intermediate calculations and enter your answer as a percent